Why Is Wall Street So Hot for Solar Energy?

What should investors know about the solar industry? OneRoof Energy CEO David Field explains on Markets Hub. Photo: AP.

This transcript has been automatically generated and may not be 100% accurate.

... I ... these fall ... what's the ... Jeep well ... I may be more Morningstar to see some solar panels for an official ... move the show farms ... it's still a very small part of the entire pie ... solar ... is becoming more more of a ... viable energy source ... Wall Street's catch nonresidential sketching on ... the we are catching up but the midfielder's CEO of one with energy ... thanks for coming and things PC and a few minutes with us ... on what's with this thing everyone is doing on he got ... a hundred million dollars Morgan Stanley investment him ... and we are the markets of so we arranged it is for the next thing you guys and Wall Street Church ... how did that come about with that in the family seeing more interest from Wall Street ... what you guys did ... absolutely ... for so we operate to personally act exclusively in the residential ... solar leasing market noise ... as the fastest current segment solar race and um ... the reason why it's grown so quickly is that the typical homeowner that Lease Finance has a solar system says on average about twenty percent among other ... typical net net electricity bill from ... us but Stratton a huge consumer demand in places like California practically seventy five eighty percent of the consumers that actually bought sources from last year's lease finance that ... I just give you a sense in terms of God dynamics ... these leases actually act much like our high calling mortgage ... securities quit frankly that's the attraction for Wall Street ... so I did they come to us that it's a tale of Fortune funding this or is this something we hadn't gone no financing is an enormously employees in this business ... every ... every company searches of cells that functions this marketplaces continuously raising capital of a in fact there's more demand than theirs Capital known for this this business up and ... and uh hundred million dollars in the spring time to change the eyes write a mean what what world that he can business its core question ... so last year didn't put it ... in perspective last year we we're jaded about a hundred million dollars with the progress it releases ... the sheer we expect the above three hundred knowing dollars with a resident Elisa so this is of a major step towards that in terms of our goals for this year ... but did you can see there's still more to do yet ... now when you see this going sort of in the pictures and twenty C so I'm going ... I know he really I see more homes with solar panels but obviously it still ... is that the fossils of small particle and ... different that of the year two dynamics of a guy with a marker for example one is the cost of installed solar and wind down significantly ... that means that it competes ... the grid parity level with with utilities in many many markets overseas are about ten to twelve states run United States ... today on the residential side ... it is so ... its cost competitive off for solar residential solar ... the other issue that's really driving it is the fact that Wall Street is picking up on the fact that these leases ... on act much like an functioned much like high quality mortgage assets and therefore driving more capital marketplace there for come across a couple down increase in savings ... it's really easy steady money that money flow for them I'll what states are no pun intended ... I'll what thing to the highest rate now because it's all energy ... the weather ... I've that I think the top five were ... California Hawaii Arizona ... we see color out of New York New Jersey ... yet and yet ... I didn't ... think you're a much appreciate time thank you very much